Industry Council For Emergency Response Technologies Inc
Industry Council For Emergency Response Technologies Inc faces declining assets and recurring deficits in recent years.
EIN: 203878470 · Washington, DC · NTEE: S46 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $454K |
| Program Spending | 75% |
| Net Assets | $171K |
| Transparency Score | 65/100 |
Is Industry Council For Emergency Response Technologies Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Industry Council For Emergency Response Technologies Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Industry Council For Emergency Response Technologies Inc
Industry Council For Emergency Response Technologies Inc (EIN: 203878470) is a nonprofit organization based in Washington, DC, classified under NTEE code S46. The organization reported total revenue of $404K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Industry Council For Emergency Response Technologies Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Industry Council For Emergency Response Technologies Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $403K |
| Total Expenses | $454K |
| Surplus / Deficit | $-50,990 |
| Total Assets | $171K |
| Net Assets | $171K |
| Operating Margin | -12.7% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, Industry Council For Emergency Response Technologies Inc reported a deficit of $51K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Industry Council For Emergency Response Technologies Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | -2.7% | -22.2% |
| 2022 | -47.5% | -34.2% | -29.9% |
| 2021 | +99.8% | +134.4% | +0.1% |
| 2020 | -14.7% | -0.2% | +20.1% |
| 2019 | +29.3% | +7.2% | +76.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Industry Council For Emergency Response Technologies Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Industry Council For Emergency Response Technologies Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $51K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation, which is highly favorable for minimizing administrative overhead for an organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Industry Council For Emergency Response Technologies Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., $453,595 expenses vs. $402,605 revenue in 2023).
- Significant decline in assets from $314,031 in 2021 to $23,403 currently.
Strengths
The following positive indicators were identified for Industry Council For Emergency Response Technologies Inc:
- Consistent 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Long and consistent history of IRS 990 filings (13 filings), demonstrating transparency.
- No reported liabilities across all available filing periods.
Frequently Asked Questions about Industry Council For Emergency Response Technologies Inc
Is Industry Council For Emergency Response Technologies Inc a legitimate charity?
Industry Council For Emergency Response Technologies Inc (EIN: 203878470) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $404K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Industry Council For Emergency Response Technologies Inc spend its money?
Industry Council For Emergency Response Technologies Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Industry Council For Emergency Response Technologies Inc tax-deductible?
Industry Council For Emergency Response Technologies Inc is registered as a tax-exempt nonprofit (EIN: 203878470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Industry Council For Emergency Response Technologies Inc's spending goes to programs?
Industry Council For Emergency Response Technologies Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Industry Council For Emergency Response Technologies Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Industry Council For Emergency Response Technologies Inc is above average for NTEE category S46 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Industry Council For Emergency Response Technologies Inc located?
Industry Council For Emergency Response Technologies Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 203878470. It is classified under NTEE code S46.
How many years of IRS 990 filings does Industry Council For Emergency Response Technologies Inc have?
Industry Council For Emergency Response Technologies Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $404K in total revenue.
Is Industry Council For Emergency Response Technologies Inc financially stable?
The organization's financial stability is a concern, given that expenses have exceeded revenue in multiple recent years (e.g., 2023, 2022, 2017) and its assets have significantly declined from $314,031 in 2021 to $23,403 currently.
How does the organization manage its executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that its leadership serves without direct salary from the organization, which is a strong indicator of efficient use of funds.
What is the trend in the organization's assets?
The organization's assets have shown a concerning downward trend, peaking at $314,031 in 2021 and decreasing to $171,208 in 2023, and currently standing at $23,403.
Filing History
IRS 990 filing history for Industry Council For Emergency Response Technologies Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Industry Council For Emergency Response Technologies Inc's revenue has grown by 14.2%, moving from $353K to $403K. Total assets increased by 82.2% over the same period, from $94K to $171K. Total functional expenses rose by 53%, from $296K to $454K. In its most recent filing year (2023), Industry Council For Emergency Response Technologies Inc reported a deficit of $51K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $403K | $454K | $171K | $0 | — | View 990 |
| 2022 | $372K | $466K | $220K | $0 | — | View 990 |
| 2021 | $709K | $709K | $314K | $0 | — | — |
| 2020 | $355K | $302K | $314K | $0 | — | — |
| 2019 | $416K | $303K | $261K | $0 | — | View 990 |
| 2018 | $322K | $283K | $148K | $0 | — | View 990 |
| 2017 | $296K | $342K | $109K | $0 | — | View 990 |
| 2016 | $353K | $316K | $155K | $0 | — | View 990 |
| 2015 | $327K | $363K | $119K | $0 | — | View 990 |
| 2014 | $391K | $365K | $155K | $0 | — | View 990 |
| 2013 | $300K | $320K | $129K | $0 | — | View 990 |
| 2012 | $360K | $306K | $149K | $0 | — | View 990 |
| 2011 | $353K | $296K | $94K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $403K, expenses of $454K, and assets of $171K (revenue +8.2% year-over-year).
- 2022: Revenue of $372K, expenses of $466K, and assets of $220K (revenue -47.5% year-over-year).
- 2021: Revenue of $709K, expenses of $709K, and assets of $314K (revenue +99.8% year-over-year).
- 2020: Revenue of $355K, expenses of $302K, and assets of $314K (revenue -14.7% year-over-year).
- 2019: Revenue of $416K, expenses of $303K, and assets of $261K (revenue +29.3% year-over-year).
- 2018: Revenue of $322K, expenses of $283K, and assets of $148K (revenue +8.9% year-over-year).
- 2017: Revenue of $296K, expenses of $342K, and assets of $109K (revenue -16.2% year-over-year).
- 2016: Revenue of $353K, expenses of $316K, and assets of $155K (revenue +7.9% year-over-year).
- 2015: Revenue of $327K, expenses of $363K, and assets of $119K (revenue -16.5% year-over-year).
- 2014: Revenue of $391K, expenses of $365K, and assets of $155K (revenue +30.5% year-over-year).
- 2013: Revenue of $300K, expenses of $320K, and assets of $129K (revenue -16.8% year-over-year).
- 2012: Revenue of $360K, expenses of $306K, and assets of $149K (revenue +2.2% year-over-year).
- 2011: Revenue of $353K, expenses of $296K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Industry Council For Emergency Response Technologies Inc:
Data Sources and Methodology
This transparency report for Industry Council For Emergency Response Technologies Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.